Vertical Aerospace annual r&d spending
2019
2020
2021
2022
2023
2024
2025
Vertical Aerospace R&D Spending Growth & History (EVTL)
Vertical Aerospace's r&d spending was £72.0M for fiscal 2025.
View full Vertical Aerospace company overviewVertical Aerospace annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | £72.0M | £12.1M | +20.21% |
| 2024 | 2024-12-31 | £59.9M | −£5.5M | −8.39% |
| 2023 | 2023-12-31 | £65.4M | £16.2M | +33.06% |
| 2022 | 2022-12-31 | £49.1M | £24.8M | +102.25% |
| 2021 | 2021-12-31 | £24.3M | £14.3M | +143.62% |
| 2020 | 2020-12-31 | £10.0M | £4.8M | +93.50% |
| 2019 | 2019-12-31 | £5.2M | — | — |
Vertical Aerospace quarterly r&d spending
Q3.23
Q2.24
Q4.24
Q1.25
Q2.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | £29.7M | £18.2M | +156.93% |
| Q1 2026 | 2026-03-31 | £25.6M | £14.4M | +128.06% |
| Q4 2025 | 2025-12-31 | £23.3M | £8.5M | +57.36% |
| Q2 2025 | 2025-06-30 | £11.6M | −£6.4M | −35.58% |
| Q1 2025 | 2025-03-31 | £11.2M | — | — |
| Q4 2024 | 2024-12-31 | £14.8M | — | — |
| Q2 2024 | 2024-06-30 | £18.0M | — | — |
| Q3 2023 | 2023-09-30 | £15.4M | — | — |
Vertical Aerospace r&d spending trends
Over the last five fiscal years, Vertical Aerospace's r&d spending increased from £10.0M to £72.0M, a change of £62.0M. The latest reported quarter, Q2 2026, shows £29.7M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vertical Aerospace source filings ↗